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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 06, 1932
Page
20
Reports show a downturn in company values with sales figures dropping from about 80 00,000 in 1930 to around 668,000. The article notes total quantities of sales were aggravated and indicates a weakened fiscal position for the period.
Forbes outlines 1929 to 1930 market declines with declines in meat, stocks, and railway issues. He notes 600 banks failed in two years, widespread distress, and urges coordinated action among government and industry, employer and employee, and across parties to rebuild confidence and spur recovery.
San Antonio maintained the lowest fire loss in Texas with about 244,165 dollars for the year and 1 31 alarm total. Chief J G Sarran announced the city’s fire insurance premium figure roughly 250,000 annually, with high performance and 15 percent credit. The department logged 2,869 alarms, 145 false, and insured losses on buildings and contents totaling 292,005 dollars. Uninsured property damage reached 12,100 dollars. Total fire loss across insured and uninsured reached 195,012 dollars, with contents at 500,725.80 dollars and uninsured contents at 5,500 dollars. Chief Sarran called the year one of the department’s best in history.
In Los Angeles bondsman August Nordon sought to deliver actress Avery Nolan once Imosene Wilson to county authorities. He petitioned to withdraw from the cast in which Nolan is accused of violating state labor laws by allegedly not paying her domestic help.
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